Handmade Kitchens of Christchurch Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04937103 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

HANDMADE KITCHENS OF CHRISTCHURCH

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R Davey

Ms J P Alger

SECRETARY:

Ms J P Alger

REGISTERED OFFICE:

808 - 810 Wimborne Road

Moordown

Bournemouth

Dorset

BH9 2DT

REGISTERED NUMBER:

04937103 (England and Wales)

ACCOUNTANTS:

Palmer & Co.

808 - 810 Wimborne Road

Moordown

Bournemouth

Dorset

BH9 2DT

BANKERS:

Lloyds TSB Bank Plc

19-21 High Street

Southampton

Hampshire

SO14 2SE

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

12,872

13,146

12,872

13,146

CURRENT ASSETS

Stocks

15,000

15,000

Debtors

40,875

2,475

Cash at bank

309,161

382,157

365,036

399,632

CREDITORS

Amounts falling due within one year

218,149

412,674

NET CURRENT ASSETS/(LIABILITIES)

146,887

(13,042

)

TOTAL ASSETS LESS CURRENT LIABILITIES

159,759

104

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

159,659

4

SHAREHOLDERS' FUNDS

159,759

104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 May 2015 and were signed on its behalf by:

Mr R Davey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

28,200

AMORTISATION

At 1 December 2013

and 30 November 2014

28,200

NET BOOK VALUE

At 30 November 2014

-

At 30 November 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

28,498

Additions

4,024

At 30 November 2014

32,522

DEPRECIATION

At 1 December 2013

15,352

Charge for year

4,298

At 30 November 2014

19,650

NET BOOK VALUE

At 30 November 2014

12,872

At 30 November 2013

13,146

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

60

Ordinary

£1

60

60

40

Ordinary 'B'

£1

40

40

100

100

5.	RELATED PARTY DISCLOSURES

During the year the company rented premises from Ms J Alger, a shareholder in the company. The

amount charged during the year was £10,740 (2013 - £10,740).

The company has taken advantage of the exemption conferred by Financial Reporting Standard no.8

to not disclose transactions between group companies.

During the year £13,542 was paid to Ms H Davey a daughter of an officer for the provision of web

design and ongoing hosting support.